Last $0.11 USD
Change Today +0.0003 / 0.27%
Volume 15.7K
CHGI On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

china carbon graphite group (CHGI) Snapshot

Open
$0.11
Previous Close
$0.11
Day High
$0.13
Day Low
$0.11
52 Week High
05/21/13 - $0.43
52 Week Low
12/13/13 - $0.09
Market Cap
2.9M
Average Volume 10 Days
25.2K
EPS TTM
$-0.72
Shares Outstanding
26.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA CARBON GRAPHITE GROUP (CHGI)

Related News

No related news articles were found.

china carbon graphite group (CHGI) Related Businessweek News

No Related Businessweek News Found

china carbon graphite group (CHGI) Details

China Carbon Graphite Group, Inc., through its subsidiaries, engages in the manufacture and sale of graphite-based products primarily in the People’s Republic of China. Its products are used in the manufacturing process of other products primarily for non-ferrous metals and steel, as well as incorporated in various types of products or processes, such as atomic reactors. The company’s products include graphite electrodes that are used as electricity-conducting materials within electric arc furnaces for the manufacture of steel and non-ferrous metals, such as brown alumina, yellow phosphorus, or other metals. It also provides fine grain graphite blocks that are used to make graphite crucibles in various industries, continuous casting dies for non-ferrous metals, and spark erosion tools in the automotive industry; and high purity graphite that is used in chemistry, semiconductor material, precious metal smelting, food, and nuclear industries. In addition, the company offers fine grain graphite blocks, which are used to produce piston rings, sealing rings, and jigs in the molding industry; in the manufacture of rocket nozzles in the space industry; and in smelting for colored metals and rare-earth metals, and the manufacture of molds. It markets its products through distributors to end users, such as companies in automobile, defense, molding, machinery, and tool manufacturing industries located in China, Japan, the United States, Spain, England, South Korea, and India; and directly to steel manufacturing, metallurgy, and molding companies in China. The company is founded in 1986 and is based in Xinghe County, the People’s Republic of China.

china carbon graphite group (CHGI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $80.0K
Interim Chief Financial Officer and Principal...
Total Annual Compensation: $24.0K
Compensation as of Fiscal Year 2012.

china carbon graphite group (CHGI) Key Developments

China Carbon Graphite Group, Inc. announced delayed annual 10-K filing

On 04/01/2014, China Carbon Graphite Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

China Carbon Graphite Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013; Reports Impairment Charges or the Third Quarter Ended September 30, 2013

China Carbon Graphite Group, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported sales of $2,721,723 compared to $6,491,133 a year ago. Operating loss before other expense was $6,001,793 compared to operating income before other income of $592,014 a year ago. The decrease was mainly due to decreased sales commission and lower shipping and handling expenses during the three months ended September 30, 2013 as compared to the three months ended September 30, 2012. Loss before income tax expense was $6,888,099 compared to $798,650 a year ago. Net loss was $6,888,099 compared to $798,650 a year ago. Net loss available to common shareholders was $6,887,273 or $0.26 per share diluted compared to $803,187 or $0.03 per share diluted a year ago. The decrease in sales was mainly due to industry-wide demand weakness for products as a result of continued struggles of steel manufacturers. In particular, demand for fine grain graphite and high purity graphite products remained extremely low during the third quarter with sales decreasing 64.9% and 57.0% to $0.94 million and $1.19 million, respectively. Sales of graphite electrodes decreased 54.2% to $0.36 million while sales of semi-processed and other types of products declined 12.6% to $0.24 million. For the nine months, the company reported sales of $8,496,893 compared to $28,429,886 a year ago. The decrease in sales was mainly due to industry-wide demand weakness for products as a result of continued struggles of steel manufacturers. Demand for fine grain graphite and high purity graphite products was particularly weak for the nine months ended September 30, 2013 with sales decreasing 73.9% and 77.6% to $3.25 million and $2.69 million, respectively. Sales of graphite electrodes also decreased by 41.1% to $2.02 million. Sales of semi-processed and other types of products grew 1.3% to $0.53 million. Operating loss before other expense was $15,239,181 compared to operating income before other income of $4,200,395 a year ago. The decrease was mainly due to decreased sales commission and lower shipping and handling expenses during the nine months ended September 30, 2013 as compared to the same period of last year. Loss before income tax expense was $17,834,370 compared to income of $325,779 a year ago. Net loss was $17,834,370 compared to income of $325,779 a year ago. Net loss available to common shareholders was $17,842,569 or $0.69 per share basic and diluted compared to income of $311,599 or $0.01 per share basic and diluted a year ago. Net cash used in operating activities was $11,571,444 against net cash provided by operating activities of $538,078 a year ago. Acquisition of property, plant and equipment was $64,803 against $65,156 a year ago period. The company also recorded impairment of property and equipment of $3.54 million for the third quarter of 2013.

China Carbon Graphite Group, Inc. announced delayed 10-Q filing

On 11/14/2013, China Carbon Graphite Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CHGI:US $0.11 USD +0.0003

CHGI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CHGI.
View Industry Companies
 

Industry Analysis

CHGI

Industry Average

Valuation CHGI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA CARBON GRAPHITE GROUP, please visit www.chinacarboninc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.